Shares of Daily Journal Co. (NASDAQ:DJCO - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 24,674 shares were traded during mid-day trading, an increase of 1% from the previous session's volume of 24,320 shares.The stock last traded at $439.76 and had previously closed at $433.53.
Daily Journal Trading Down 2.8 %
The company has a current ratio of 10.26, a quick ratio of 10.26 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $561.44 million, a price-to-earnings ratio of 7.33 and a beta of 0.90. The firm's 50-day moving average is $494.21 and its 200 day moving average is $499.96.
Daily Journal (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 EPS for the quarter. The company had revenue of $17.70 million for the quarter. Daily Journal had a net margin of 106.63% and a return on equity of 21.39%.
Institutional Investors Weigh In On Daily Journal
Institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its stake in shares of Daily Journal by 343.1% in the third quarter. Barclays PLC now owns 2,233 shares of the company's stock worth $1,094,000 after acquiring an additional 1,729 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Daily Journal by 133.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company's stock worth $4,226,000 after purchasing an additional 4,924 shares during the last quarter. Angeles Wealth Management LLC acquired a new position in shares of Daily Journal in the 4th quarter worth approximately $650,000. State Street Corp boosted its stake in shares of Daily Journal by 18.3% in the 3rd quarter. State Street Corp now owns 32,968 shares of the company's stock valued at $16,158,000 after purchasing an additional 5,092 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Daily Journal by 172.9% during the third quarter. BNP Paribas Financial Markets now owns 1,337 shares of the company's stock worth $655,000 after buying an additional 847 shares during the period. Institutional investors own 51.23% of the company's stock.
Daily Journal Company Profile
(
Get Free Report)
Daily Journal Corporation operates in publishing of newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter.
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